[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Forward Looking Evaluations
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Explanations
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2025 expectations are given below;
Tüpraş Net Refining Margin
Tüpraş Net Refining Margin expectation is 5-6 $/bbl
Operational Targets
Capacity utilization: 90-95%
Production: ~ 26 million tons
Total Sales: ~30 million tons
Investments
Total investments expectation is ~600 Million $

In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.